現在是合伙創業的新時代，合伙創業已經成為互聯網時代成功企業的標配。創業企業的基礎，一是合伙人，二是股權。歸根到底，是合伙人股權。它基本奠定了一家創業企業的基本，每個創業者都有一個IPO的目標，希望自己的創業項目將來有一天能去主板或者海外敲鐘，資本市場必然要求企業股權清晰、合理。

Now is a new era of partnership entrepreneurship, which has become the standard of successful enterprises in the Internet era. The foundation of a start-up enterprise is partners and equity. After all, it's partner equity. It has basically laid the foundation for a start-up enterprise. Every entrepreneur has an IPO goal. He hopes that his own venture projects can ring the bell on the main board or overseas one day. The capital market must require clear and reasonable equity of the enterprise.

哪些股權結構不可??？

What equity structure is not desirable?

一、均等的股權結構

1、 Equal ownership structure

為什么？因為不同的合伙人他對創業項目的貢獻不一樣，雖然你出100我出100大家出資是一樣的，但在實際操作過程中每個人的擅長點不一樣，貢獻度就不一樣，如果出資一樣，貢獻度不一樣，在企業早期還是OK的，項目沒做成就不討論了，項目做成了合伙人會因為利益分配不均衡而出現

Why? Because different partners make different contributions to start-up projects. Although you give 100 and I give 100, everyone's contribution is the same, but in the actual operation process, everyone's good points are different, and the degree of contribution is different. If the contribution is the same and the degree of contribution is different, it's OK in the early stage of the enterprise. If the project is not successful, we don't discuss it. When the project is completed, the partners will be affected by the profit distribution It's not balanced

二、一個股東不可取

2、 One shareholder is not desirable

因為公司法規定一人有限責任公司的股東如果不能舉證證明個人財產與公司財產是獨立的將對公司債務承擔連帶責任。很多創業企業一開始的財務不規范，往往經不起審計，所以這個一人有限公司不可取。

Because the company law stipulates that if the shareholders of one person limited liability company can not prove that their personal property and company property are independent, they will bear joint liability for the company's debts. Many start-ups start with irregular finance, often can not stand audit, so this one person limited company is not desirable.

三、 五五分的股權結構

3、 50% equity structure

均等里面差的就是5：5分賬，比如真功夫，通常這樣的公司會陷入僵局，公司形不成有效的決議。因為公司法股東會會議作出修改公司章程、增加或者減少注冊資本的決議，以及公司合并、分立、解散或者變更公司形式的決議，必須經代表三分之二以上表權的股東通過。

The difference is 5:5. For example, in real Kung Fu, companies like this usually get into a deadlock and fail to make effective decisions. Because of the company law, resolutions made by the shareholders' meeting to amend the articles of association, increase or decrease the registered capital, and resolutions on merger, division, dissolution or change of corporate form of the company must be passed by shareholders representing more than two-thirds of the stated rights.